OVV (Ovintiv) Total Current Assets : $1,350 Mil (As of Mar. 2025)

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What is Ovintiv Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Ovintiv's total current assets for the quarter that ended in Mar. 2025 was $1,350 Mil.

Ovintiv Total Current Assets Historical Data

The historical data trend for Ovintiv's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ovintiv Total Current Assets Chart

Ovintiv Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Current Assets

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1,247.00

1,587.00

1,695.00

1,676.00

1,369.00

Ovintiv Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Total Current Assets	Get a 7-Day Free Trial															1,452.00	1,400.00	1,507.00	1,369.00	1,350.00

Ovintiv Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Ovintiv's Total Current Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	42	+	1121	+	0	+	206
	=	1,369

Ovintiv's Total Current Assets for the quarter that ended in Mar. 2025 is calculated as

Total Current Assets	=	Cash, Cash Equivalents, Marketable Securities	+	Total Receivables	+	Total Inventories	+	Other Current Assets
	=	8	+	1262	+	0	+	80
	=	1,350

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Ovintiv (NYSE:OVV) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Ovintiv's Liquidation Value for the quarter that ended in Mar. 2025 is

	Liquidation value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8	-	9534	+	0.75 * 1240	+	0.5 * 0
=	-8,596

Ovintiv Total Current Assets Related Terms

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Ovintiv Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ovintiv Inc (NYSE:OVV) » Definitions » Total Current Assets

Comparable Companies

Traded in Other Exchanges

OVV:Mexico 47Q:Germany OVV:Canada

Address

370 - 17th Street, Suite 1700, Denver, CO, USA, 80202

Website

https://www.ovintiv.com

Ovintiv Inc is a North American oil and natural gas exploration and production company that is focused on developing its multi-basin portfolio of high-quality assets located in the United States and Canada. Its operations also include the marketing of oil, NGLs and natural gas. The company has two operating segments: USA Operations, and Canadian Operations. The USA Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within the United States. The Canadian Operations include the exploration for, development of, and production and marketing of oil, NGLs, natural gas and other related activities within Canada.

Executives

Howard John Mayson	director	C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Steven W Nance	director	130 EAST RANDOLPH DRIVE, CHICAGO IL 60601
Renee Ellen Zemljak	officer: EVP, Midstream, Mrktg & Fndmtl	SUITE 1700, 370 - 17TH STREET, DENVER CO 80202
Rachel Maureen Moore	officer: EVP, Corporate Services	C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Meghan Nicole Eilers	officer: EVP, GC & Corporate Secretary	4 WATERWAY SQUARE PLACE, SUITE 100, THE WOODLANDS TX 77380
Ralph Izzo	director	PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Thomas G Ricks	director	H&S VENTURES LLC, 2101 EAST COAST HWY - 3RD FLOOR, CORONA DEL MAR CA 92625
Katherine Lucas Minyard	director	370 17TH STREET, SUITE 1700, DENVER CO 80202
George Pita	director	3000 NW 107TH AVENUE, MIAMI FL 33172
Joanne Linette Alexander	officer: EVP, General Counsel & CorpSec	500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Meg Gentle	director	717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Douglas James Suttles	director, officer: Chief Executive Officer	500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Brendan Michael Mccracken	officer: EVP, Corp Dev & Ext Relations	C/O 500 CENTRE STREET SE, CALGARY A0 T2P 2S5
Brian Gordon Shaw	director	40 UNIVERSITY AVENUE, SUITE 1300, TORONTO A6 M5P 2E9
Code Corey Douglas	officer: EVP & CFO	500 CENTRE STREET SE, CALGARY A0 T2P 2S5